Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: April 16, 2025 to April 22, 2025
Business Overview: CCEP is a leading consumer goods company operating across 31 countries, serving nearly 600 million consumers and over 4 million customers. The company is listed on Euronext Amsterdam, NASDAQ, the London Stock Exchange, and Spanish Stock Exchanges.
Key Financial Metrics and Transactions
This filing details specific transactions in the company's own shares under a share buyback programme announced on February 14, 2025. The programme authorizes the repurchase of up to EUR 1 billion of ordinary shares. All repurchased shares are cancelled.
| Date of Purchase | US Trading Venues (Shares) | London Trading Venues (Shares) | Total Shares Purchased | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| April 15, 2025 | 34,735 | 19,442 | 54,177 | $88.52 | £66.94 - £67.08 |
| April 16, 2025 | 39,179 | 19,127 | 58,306 | $88.93 | £67.79 - £67.91 |
| April 17, 2025 | 39,051 | 18,767 | 57,818 | $89.22 | £67.05 - £67.10 |
| April 21, 2025 | 39,314 | 0 | 39,314 | $88.63 | N/A |
| Total for Period | 152,279 | 57,336 | 209,615 | - | - |
Note: No financial metrics regarding revenue, profit, cash flow, margins, debt, or liquidity are provided in this filing.
Material Changes
The filing reports a reduction in the company's outstanding share count due to the cancellation of 209,615 ordinary shares purchased during the week of April 15-21, 2025. There are no reported material changes to the company's operations, financial position, or debt levels in this document.
Guidance, Outlook, and Risks
Share Buyback Programme: The company continues to execute its EUR 1 billion share buyback programme. Purchases were made via Goldman Sachs & Co. LLC and affiliates.
Market Conditions: On April 21, 2025, no shares were purchased on London Trading Venues due to the UK's Easter Monday Bank Holiday market closure.
Risks and Contingencies: The filing contains no new risk factors, contingencies, or unusual items. It explicitly states that the announcement does not constitute an offer or solicitation of an offer for securities.
Investor Verification Checklist
- Verify the total cumulative amount spent on the share buyback programme since its inception on February 14, 2025, to assess remaining authorization under the EUR 1 billion cap.
- Confirm the exact number of shares outstanding post-cancellation of the 209,615 shares reported in this filing.
- Review the full transaction schedules linked in the filing (RNS PDFs) for granular trade-by-trade data if required for compliance analysis.
- Monitor future 6-K filings for updates on the buyback programme's completion status or potential extension.